Azmol British Petrochemicals in the sectoral foreign media10:10 | 04.12.2018
AZMOL British Petrochemicals in European business media
The industry magazine Lubes'n'Greases EMEA (November 2018) have made a publication about AZMOL-BP’s restart, which was made possible by the investment and technological participation of the British investor Terry Dicken.
Lubes'n'Greases EMEA is the first independent regional business magazine for and about the lubricants, base oil, additives and lube packaging industries in Europe, the Middle East and Africa, is a recognized international expert in the world of lubricants and oils.
“Joint venture Azmol-British Petrochemicals ramped up production this year, with European automakers recommending its lubricants for their vehicles, and entered new markets for the first time since restarting operations in 2017.
Azmol, a 50-50 Ukrainian-British joint venture, resumed production last year, following several years of dormancy. British lube maker Global Lubricants was tasked with Azmol-BP’s technical modernization.
The Ukrainian and British investors succeeded in closing outstanding debts, modernized parts of the production process and renewed the enterprise’s workforce last year. Azmol-BP has total production capacity of nearly 225,000 metric tons per year, including 125,000 t/y of finished lubricants and close to 100,000 t/y of greases. It also has its own filling and packaging line”, the magazine said.